Quote:
Originally Posted by Demonpenz
my line thinking is have a roth from work with whateber funds they do and then have the Lewdog of St joe from Edward Jones do the other roth. Hopefully if one preforms like shit the other one will preform less shitty. Also guy can direct you to the stocks with lowest fees and show you different stuffm Yeah he may be pushing shit onto me but like I said one day my gut said I need to talk to a pro and make mistakes so I can learn
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To each his own.
I much prefer to decide where my money is going and what I am investing in, not someone else's thought who has no stake in what happens to me. No reason people can't read about expense ratios, compare gains of 1/5/10 year spans on funds and decide where to put their money. The online charts let you sort by fees, gains, etc. It's easy to see what's been hot, cold or cheap. There's plenty of ways to passively invest and not get eaten up by fees that firms may charge you (Index funds). I don't trust Jack Schidt at Edward Jones to somehow know more than me. And if Jack Schidt provides me with little growth, on top of his fees, I am really ****ing far behind the curve. Many have little training at these big investment places, especially if you are dealing with small accounts. Then again, many people have no idea how to invest, so something IS better than nothing for many I suppose.
I don't think Buehler falls into that category though.
I don't see a need for two ROTH accounts either, unless a ROTH is the only option your employer allows and the funds offered aren't that great. A 401k for work and a single ROTH IRA account on your own is a simply way to manage multiple funds and allocations.